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Credit ratings, research and analysis on regional and local governments as well as on a wide array of public-sector entities with specialized mandates in both the developed and emerging markets, including mass transportation, health care, water systems, social housing, higher education, and charity trusts.


  • 24 Jun 2015
    • Moscow and St Petersburg well-placed to weather Russia’s economic downturn
      Moscow and St Petersburg’s robust economies, fiscal strength and low debt will cushion them from the full impact of Russia’s economic deterioration this year. Our peer comparison of Russia’s two strongest local economies says the two cities are exposed to increasing economic pressure, but will be helped by their sound fundamentals…Press Release l Full Report
  • 19 Jun 2015
    • English Housing Associations to lose uplift from conservative economic assumptions
      English Housing Associations can no longer rely on conservative planning assumptions to beat the financial performance targets set out in their business plans. Changes in the associations' debt profiles, coupled with economic and regulatory developments, mean operational efficiency will play a bigger role in any future outperformance...Full Report
  • 10 Jun 2015
    • Public sector financial transparency improving
      Regional and local governments (RLGs) are making significant improvements in financial disclosure standards, although disclosure practices still vary widely. Improvements include more frequent and timely publication of financial information, and the adoption of accrual based accounting. It is likely that RLGs will continue to improve their disclosure practices as they seek to diversify their funding sources...Full Report
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